This manufactured housing community presents a strong investment opportunity with steady occupancy and strong historical financials. Park consists of 54 pads (3 of the units are RTO), a commercial space, storage building and abandoned church. 53 of the 54 spaces are leased as well as the storage building. The most recent lease renewals have the pad rent at $425 and a $75 water reimbursement. Because the landlord has no maintenance responsibilities the expenses are low, and management is easy. Turn-key Management is available. Landlord is responsible for water, landscaping, property taxes and insurance. Park has paved roads and is on septic tanks.
Located in Talmo, GA, this community offers a quiet, rural setting with easy access to I:85, local industry and several large employers. Situated in Jackson County, it provides a peaceful environment while remaining convenient to Gainesville, Jefferson, and major highways.
Joe Edge, SIOR, CCIM
Sherman & Hemstreet Real Estate Company
